Banking stories
Regulated firms could keep data and encryption keys in Europe while using public cloud tools under the new model.
The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.
The new framework is intended to help firms prove AI tools are reliable and compliant as regulators demand ongoing evidence, not one-off audits.
European banks are racing to modernise investment services, and the real battle is shifting to the infrastructure layer that keeps them compliant.
Rapid growth in Gulf digital commerce is pushing fraud, data quality and compliance issues to the top of leaders' agendas.
The deal gives the lender a cloud-based core banking platform on Microsoft Azure, aimed at easing operations and supporting growth.
Legacy systems and slow patching are leaving banks exposed, with financial services hit by more than double the average cyberattacks per device.
Canadian small businesses will gain bundled payments and management tools as TD folds Clover point-of-sale devices into its merchant services.
The app's first Cash ISA lets savers move money automatically from current accounts, as Spring passes GBP £1 billion in deposits.
UK consumers and businesses could benefit as Cifas adds nearly 500 scam signals to a global network aimed at faster takedowns.
Banks are seeing attackers favour stealthy access over ransomware, with a UK-specific exploit hitting nearly half of monitored sensors.
Banks face a shrinking window to harden legacy systems as cheap AI tools make vulnerability hunting and repeat attacks far easier for criminals.
Yet most London finance workers still want experienced colleagues to make the final call, especially on risk, compliance and trading decisions.
Banks risk repeating DevOps sprawl as DIY agentic AI pushes build costs above USD $1.4 million and delays production by up to 18 months.
Businesses risk missing growth in a more diverse Australia unless they measure cultural identity alongside age, income and life stage.
Many Canadians are delaying home purchases and other major decisions as awareness of credit scores fails to translate into action.
The milestone underscores rising demand for online borrowing as 40% of applications came outside normal banking hours, Fig said.
The approval puts Circle's custody business under federal oversight and could later support reserve management for its USDC stablecoin.
Banks and insurers face tighter resilience checks as four cloud providers come under joint UK supervision for the first time.
Students and dropouts will pitch banking security ideas for a prize pool of more than INR ₹10 lakh as digital fraud risks mount.
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